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March 19, 2009

Uncertainty Grows on When Admin Knew of AIG Bonuses
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The Obama administration is facing questions on when it knew of AIG’s
plans to hand out $165 million in bonuses after receiving its $170
billion taxpayer bailout. Treasury Secretary Timothy Geithner says he
didn’t know until last week and only told White House officials two days
after finding out. But testifying on Capitol Hill Wednesday, AIG CEO
Edward Liddy said government officials were informed three months ago.
The Washington Post reports the Treasury was told at least one month
ago.



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